Fox (FOXA) Beats Q1 Earnings and Revenue Estimates

Core Insights - Fox (FOXA) reported quarterly earnings of $1.51 per share, exceeding the Zacks Consensus Estimate of $1.06 per share, and showing an increase from $1.45 per share a year ago, resulting in an earnings surprise of +42.45% [1] - The company achieved revenues of $3.74 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 4.66% and up from $3.56 billion year-over-year [2] - Fox has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Earnings Performance - The earnings surprise of +42.45% indicates strong performance relative to expectations, with a previous quarter's surprise of +25.74% [1][2] - The current consensus EPS estimate for the upcoming quarter is $0.55, with projected revenues of $5 billion, and for the current fiscal year, the estimate is $4.20 on $15.92 billion in revenues [7] Stock Performance - Fox shares have increased approximately 25.2% since the beginning of the year, outperforming the S&P 500's gain of 17.2% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating expectations for continued outperformance in the near future [6] Industry Outlook - The Broadcast Radio and Television industry, to which Fox belongs, is currently ranked in the bottom 41% of over 250 Zacks industries, which may impact stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]